Info Edge Shareholders Greenlight INR 1,000 Cr Infusion Into Its VC Fund

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SUMMARY

Consumer internet company Info Edge has received the nod of its shareholders to invest up to INR 1,000 Cr (about $118 Mn) in its latest startup-focussed fund, Info Edge Venture Investment Fund III

The development comes just days after the Sanjeev Bikhchandani-led internet major said its cumulative holding in foodtech startup Zomato and insurtech startup PB Fintech stood at INR 31,500 Cr (around $3.7 Bn) as of March 31, 2025

Smartweb Internet Services, a subsidiary of Info Edge, will…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Info Edge Shareholders Greenlight INR 1,000 Cr Infusion Into Its VC Fund


SUMMARY

Consumer internet company Info Edge has received the nod of its shareholders to invest up to INR 1,000 Cr (about $118 Mn) in its latest startup-focussed fund, Info Edge Venture Investment Fund III

The development comes just days after the Sanjeev Bikhchandani-led internet major said its cumulative holding in foodtech startup Zomato and insurtech startup PB Fintech stood at INR 31,500 Cr (around $3.7 Bn) as of March 31, 2025

Smartweb Internet Services, a subsidiary of Info Edge, will…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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